News Centre

Edmonton, AB — A family farm in Stony Plain, Alberta is celebrating after being named the 2025 Servus Big Share® contest winner. The Scheideman family, Tom, Maureen and Mark, owners of White Whale Creek Farms Ltd., and longtime members of Servus Credit Union, will see $1 million deposited into their account today.

Edmonton, AB_Servus Credit Union has begun testing an alternative mortgage financing product. The Servus Halal Mortgage will be available to consumers in the fall of 2025 through its new wholly owned subsidiary, Servus Halal.

Edmonton, AB – Servus Credit Union Ltd. (Servus) has officially become Canada’s largest credit union by total assets, a historic milestone for the Alberta-based credit union and its members. This designation, as recognized by the Canadian Credit Union Association (CCUA), reflects years of disciplined operational decisions.

Servus Credit Union (Servus) has been recognized as one of Canada’s Best Managed Companies by Deloitte Canada for the 22nd consecutive year – the longest-standing credit union in Alberta to achieve this designation.

Servus Credit Union Ltd. is pleased to announce that at their Annual General Meeting (AGM) held on March 5, 2025, members voted 91% in favour of a Special Resolution to change the credit union’s legal name (Connect First and Servus Credit Union Ltd.) to align with its trade name (Servus Credit Union).

Servus Credit Union (Servus) is reporting a promising start to fiscal year 2025 with a balance sheet portraying total assets of $29.4 billion. The first quarter also marks an increase in assets under management to $38.4 billion, an approximate $800 million jump from the previous quarter.

The merged credit union, now shifting to operate under the trade name of Servus Credit Union (Servus), marks the end of its fiscal year with a strong balance sheet portraying total assets at $29.3 billion and assets under management of $37.6 billion.

As our credit union unites, it’s important for our brand to reflect this unity. Our merged credit union will operate under the Servus Credit Union brand going forward.

Connect First and Servus Credit Union Ltd. Shares $88 Million in Profits with Members in Year of Historic Merger

Following the historic merger between Servus and connectFirst Credit Unions, the newly created Connect First and Servus Credit Union Ltd. (CFSCU) is marking its first reporting period with sound financial health. The merger was finalized on May 1, 2024.